CoinWorld News reports that as Wall Street became cautious ahead of Friday's employment data and the Supreme Court's ruling on tariffs, assets that recently performed well like Meme coins suffered greater losses than major cryptocurrencies. Market sentiment has turned pessimistic, with ETH, SOL, and DOGE falling between 2% and 6%, POL, CC, and WLFI dropping about 2%, and ZEC declining over 15%. Bitcoin fell below $90,000 during Asian trading hours, continuing a correction from around $93,600, with recent declines of nearly 2%. Short-term support is around $89,200, which is the 50-day simple moving average.
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CoinWorld News reports that as Wall Street became cautious ahead of Friday's employment data and the Supreme Court's ruling on tariffs, assets that recently performed well like Meme coins suffered greater losses than major cryptocurrencies. Market sentiment has turned pessimistic, with ETH, SOL, and DOGE falling between 2% and 6%, POL, CC, and WLFI dropping about 2%, and ZEC declining over 15%. Bitcoin fell below $90,000 during Asian trading hours, continuing a correction from around $93,600, with recent declines of nearly 2%. Short-term support is around $89,200, which is the 50-day simple moving average.